PCLN Breakout !!!!
Friday, June 29, 2007
Shares of Priceline.com are acting very well today moving up more than 6% after Goldman Sachs upgraded to Buy from Neutral, increased gross booking expectations. In addition Goldman Sachs also raised the price target to $80 from $62. See continued strength in international growth and margin expansion. Looking at the chart stock broke out today an important resistance of 66.96$ to a new 52 week high. Keep an eye on PCLN.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: PCLN
